Business: Amazing Amoskeag

To the 10,000 New Englanders who
work in the great Amoskeag cotton, wool and rayon mills at Manchester,
N. H., came last week two welcome announcements: 1) All disputes
about last winter's 5% bonus have been adjusted; 2) The company will
assume responsibility for its employes' deposits in the $11,000,000
Merrimac River Savings Bank which recently closed its doors (TIME,
June 23).

It was amazing, not that the bonus dispute should be settled, but that
a bonus should be paid at all. For many years